Deals26 Mar 2025, 12:41 am
B-Right Realestate Ltd Executes Inventory Sale Agreement with Rustomjee Group Companies for Rs. 102 Crores
AI Summary
B-Right Realestate Ltd's step-down subsidiary, Parth Construction, has entered into an agreement for sale of FSI with M/s. Keyvihar Realtors Private Limited, a part of the Rustomjee Group Companies. The initial agreement was for FSI sales of 5983.24 Sq. meters for a total consideration of Rs. 91,55,52,000/-. However, due to a revised agreement, there is an additional sale of FSI of 744.01 Sq. meters, bringing the total transaction to FSI sales area of 6727.25 Sq. meters, totaling Rs. 102,93,85,148/-.
Key Highlights
- B-Right Realestate Ltd's step-down subsidiary, Parth Construction, enters into an agreement for sale of FSI with Rustomjee Group Companies
- The initial agreement was for FSI sales of 5983.24 Sq. meters for a total consideration of Rs. 91,55,52,000/-
- Due to a revised agreement, there is an additional sale of FSI of 744.01 Sq. meters
- The total transaction now stands at FSI sales area of 6727.25 Sq. meters
- The total consideration for the transaction is Rs. 102,93,85,148/-